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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 586.1 $ 676.9 $ 1,160.5 $ 1,357.1
Cost of sales 357.6 427.1 704.2 844.3
Gross profit 228.5 249.8 456.3 512.8
Operating expenses:        
Selling, technical, general and administrative 147.0 146.5 295.9 299.9
Research and development 28.9 12.8 41.4 26.9
Total operating expenses 175.9 159.3 337.3 326.8
Operating profit 52.6 90.5 119.0 186.0
Other (expense) income:        
Interest expense, net (12.0) (13.2) (23.7) (27.3)
Foreign exchange gain 9.0 2.7 13.9 2.0
Other (expense) income, net (1.6) 7.5 (1.3) 3.2
Total other expense (4.6) (3.0) (11.1) (22.1)
Income before income taxes and non-controlling interests 48.0 87.5 107.9 163.9
Income tax expense (21.2) (23.9) (38.1) (43.9)
Net income from continuing operations 26.8 63.6 69.8 120.0
Net income from discontinued operations, net of tax 2.9 1.8 2.9 1.8
Net income 29.7 65.4 72.7 121.8
Net loss (income) attributable to non-controlling interests 0.2 (0.2) 0.1 (0.5)
Net income attributable to common stockholders $ 29.9 $ 65.2 $ 72.8 $ 121.3
Earnings per share        
Basic from continuing operations (in dollars per share) $ 0.11 $ 0.25 $ 0.29 $ 0.48
Basic from discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Basic attributable to common stockholders (in dollars per share) 0.12 0.26 0.30 0.49
Diluted from continuing operations (in dollars per share) 0.11 0.25 0.29 0.48
Diluted from discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Diluted attributable to common stockholders (in dollars per share) $ 0.12 $ 0.26 $ 0.30 $ 0.49
Weighted average common shares outstanding        
Basic (in shares) 241.4 247.1 241.1 247.2
Diluted (in shares) 241.7 247.5 241.6 248.3